Based on the items appearing in Gravano Engineering's Statement of Financial Position at the year-end, the totals for the following are:
1. Non-current Assets = $192,000
2. Current Assets = $64,000
<h3>What is a Statement of Financial Position?</h3>
A Statement of Financial Position is a financial statement that shows an entity's assets, liabilities, and equity.
Assets are items owned by an individual or entity that generate current, future, or potential economic benefits.
Liabilities are financial obligations that an individual or entity owes creditors.
Equity is the difference between assets and liabilities, which refers to the financial benefits accruing to the stockholders.
<h3>Data and Calculations:</h3>
1. Trade payables $39,000
2. Cash at bank 14,000
3. Motor vans 25,000
4. Inventories 7,000
5. Bank overdraft 13,000
6. Property 96,000
7. Trade receivables 43,000
8. Plant and equipment 26,000
9. Trademarks 28,000
10. Fixtures and fittings 17,000
11. Mortgage on property 45,000
<h3>Current Assets:</h3>
2. Cash at bank 14,000
4. Inventories 7,000
7. Trade receivables 43,000
Total current assets = $64,000
<h3>Non-Current Assets:</h3>
3. Motor vans 25,000
6. Property 96,000
8. Plant and equipment 26,000
9. Trademarks 28,000
10. Fixtures and fittings 17,000
Total non-current assets = $192,000
Thus, the total non-current assets are $192,000 and the current assets total $64,000.
Learn more about current and non-current assets at brainly.com/question/24147620
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/ 0.5 = 
=49.5 miles per hour